Tax and fairness

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It is high time that countries across the world introduced legislation to deal with the anomaly of tax havens

Sir, Ian King (“Should
the rich pay more tax?”, Times2, Aug 17) eulogises the simple, low-tax
regimes as being the most efficient which may well be true, but in what way
is it fair?

Every country would like low taxes, and many entice the Philip Greens of this
world with such bait at enormous cost to the revenue-generating countries
which then lose out.

Taxes would be simple if clever accountants did not circumvent the systems,
albeit legally, to thwart successive chancellors. The City relishes this as
“fair game” while the taxpayer despairs at the shifting burden enveloping
their pay